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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NASDAQ:MRVL

Marvell Technology Group Stock Forecast, Price & News

$53.49
-0.59 (-1.09 %)
(As of 01/21/2021 12:00 AM ET)
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Today's Range
$52.82
Now: $53.49
$54.62
50-Day Range
$42.56
MA: $47.25
$54.08
52-Week Range
$16.45
Now: $53.49
$55.70
Volume9.30 million shs
Average Volume9.20 million shs
Market Capitalization$35.93 billion
P/E Ratio24.54
Dividend Yield0.44%
Beta1.17
Marvell Technology Group Ltd. designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; custom application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. The company was founded in 1995 and is headquartered in Hamilton, Bermuda.
Marvell Technology Group logo

MarketRank

Overall MarketRank

2.17 out of 5 stars

Computer And Technology Sector

31st out of 1,517 stocks

Semiconductors & Related Devices Industry

5th out of 147 stocks

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:MRVL
CUSIPG5876H10
Phone441-296-6395
Employees5,633

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.70 billion
Cash Flow$1.28 per share
Book Value$13.09 per share

Profitability

Net Income$1.58 billion

Miscellaneous

Market Cap$35.93 billion
Next Earnings Date3/3/2021 (Estimated)
OptionableOptionable
$53.49
-0.59 (-1.09 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marvell Technology Group (NASDAQ:MRVL) Frequently Asked Questions

How has Marvell Technology Group's stock been impacted by COVID-19 (Coronavirus)?

Marvell Technology Group's stock was trading at $22.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MRVL shares have increased by 143.0% and is now trading at $53.49.
View which stocks have been most impacted by COVID-19
.

Is Marvell Technology Group a buy right now?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology Group in the last twelve months. There are currently 5 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Marvell Technology Group stock.
View analyst ratings for Marvell Technology Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Marvell Technology Group?

Wall Street analysts have given Marvell Technology Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Marvell Technology Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Marvell Technology Group's CEO?

1,448 employees have rated Marvell Technology Group CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Marvell Technology Group's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Marvell Technology Group's next earnings date?

Marvell Technology Group is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Marvell Technology Group
.

How were Marvell Technology Group's earnings last quarter?

Marvell Technology Group Ltd. (NASDAQ:MRVL) released its quarterly earnings results on Wednesday, December, 2nd. The semiconductor company reported $0.25 EPS for the quarter, meeting analysts' consensus estimates of $0.25. The semiconductor company earned $750.10 million during the quarter, compared to analyst estimates of $751.01 million. Marvell Technology Group had a net margin of 51.19% and a return on equity of 3.76%. Marvell Technology Group's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.17 earnings per share.
View Marvell Technology Group's earnings history
.

How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group?

Marvell Technology Group declared a quarterly dividend on Wednesday, December 2nd. Stockholders of record on Wednesday, December 23rd will be paid a dividend of $0.06 per share on Thursday, January 14th. This represents a $0.24 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Tuesday, December 22nd.
View Marvell Technology Group's dividend history
.

Is Marvell Technology Group a good dividend stock?

Marvell Technology Group pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.44%. Marvell Technology Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Marvell Technology Group is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marvell Technology Group will have a dividend payout ratio of 24.00% next year. This indicates that Marvell Technology Group will be able to sustain or increase its dividend.
View Marvell Technology Group's dividend history.

What guidance has Marvell Technology Group issued on next quarter's earnings?

Marvell Technology Group updated its fourth quarter earnings guidance on Thursday, December, 3rd. The company provided EPS guidance of $0.25-0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $745.75-824.5 million, compared to the consensus revenue estimate of $786.40 million.

What price target have analysts set for MRVL?

27 Wall Street analysts have issued 12 month price objectives for Marvell Technology Group's shares. Their forecasts range from $32.00 to $60.00. On average, they expect Marvell Technology Group's share price to reach $48.12 in the next twelve months. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for Marvell Technology Group
or view Wall Street analyst' top-rated stocks.

Who are some of Marvell Technology Group's key competitors?

What other stocks do shareholders of Marvell Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology Group investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Intel (INTC), salesforce.com (CRM), The Walt Disney (DIS), Cisco Systems (CSCO) and Square (SQ).

Who are Marvell Technology Group's key executives?

Marvell Technology Group's management team includes the following people:
  • Mr. Matthew J. Murphy, Pres, CEO & Director (Age 48, Pay $1.61M)
  • Ms. Jean Hu, Chief Financial Officer (Age 58, Pay $746.16k)
  • Mr. Mitchell Lee Gaynor, Exec. VP, Chief Admin. & Legal Officer and Sec. (Age 61, Pay $701.33k)
  • Mr. Daniel Christman, Exec. VP of Storage Bus. Group (Age 49, Pay $670.79k)
  • Mr. Syed B. Ali, Advisor (Age 62, Pay $24.07k)
  • Mr. Raghib Hussain, Exec. VP of Networking & Processor Group and Chief Strategy Officer (Age 49, Pay $858.02k)
  • Dr. Sehat Sutardja, Co-Founder (Age 59)
  • Ms. Weili Dai, Co-Founder (Age 59)
  • Mr. Andrew J. Micallef, Exec. VP & COO (Age 56)
  • Mr. Willem A. Meintjes, Chief Accounting Officer (Age 41)

What is Marvell Technology Group's stock symbol?

Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL."

Who are Marvell Technology Group's major shareholders?

Marvell Technology Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (0.27%), Wedge Capital Management L L P NC (0.13%), Columbus Circle Investors (0.07%), Scout Investments Inc. (0.07%), Paradigm Capital Management Inc. NY (0.03%) and Gateway Investment Advisers LLC (0.02%). Company insiders that own Marvell Technology Group stock include Andrew Micallef, Dan Christman, Dean E Jr Jarnac, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Oleg Khaykin, Richard Hill and Willem A Meintjes.
View institutional ownership trends for Marvell Technology Group
.

Which major investors are selling Marvell Technology Group stock?

MRVL stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, Paradigm Capital Management Inc. NY, Columbus Circle Investors, State of Alaska Department of Revenue, Scout Investments Inc., and Grandview Asset Management LLC. Company insiders that have sold Marvell Technology Group company stock in the last year include Andrew Micallef, Dan Christman, Dean E Jr Jarnac, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Richard Hill, and Willem A Meintjes.
View insider buying and selling activity for Marvell Technology Group
or view top insider-selling stocks.

Which major investors are buying Marvell Technology Group stock?

MRVL stock was purchased by a variety of institutional investors in the last quarter, including Benson Investment Management Company Inc., Deltec Asset Management LLC, Louisiana State Employees Retirement System, Pacer Advisors Inc., Journey Advisory Group LLC, Kestra Private Wealth Services LLC, IFM Investors Pty Ltd, and Breiter Capital Management Inc..
View insider buying and selling activity for Marvell Technology Group
or or view top insider-buying stocks.

How do I buy shares of Marvell Technology Group?

Shares of MRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Marvell Technology Group's stock price today?

One share of MRVL stock can currently be purchased for approximately $53.49.

How big of a company is Marvell Technology Group?

Marvell Technology Group has a market capitalization of $35.93 billion and generates $2.70 billion in revenue each year. The semiconductor company earns $1.58 billion in net income (profit) each year or $0.32 on an earnings per share basis. Marvell Technology Group employs 5,633 workers across the globe.

What is Marvell Technology Group's official website?

The official website for Marvell Technology Group is www.marvell.com.

How can I contact Marvell Technology Group?

Marvell Technology Group's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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